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Vortex Metals (Vortex Metals) Pretax Margin % : % (As of Mar. 2024)


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What is Vortex Metals Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Vortex Metals's Pre-Tax Income for the three months ended in Mar. 2024 was $-0.18 Mil. Vortex Metals's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, Vortex Metals's pretax margin for the quarter that ended in Mar. 2024 was %.

The historical rank and industry rank for Vortex Metals's Pretax Margin % or its related term are showing as below:


VMSSF's Pretax Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.42
* Ranked among companies with meaningful Pretax Margin % only.

Vortex Metals Pretax Margin % Historical Data

The historical data trend for Vortex Metals's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vortex Metals Pretax Margin % Chart

Vortex Metals Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
- - - - -

Vortex Metals Quarterly Data
Dec19 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Vortex Metals's Pretax Margin %

For the Other Precious Metals & Mining subindustry, Vortex Metals's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vortex Metals's Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vortex Metals's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Vortex Metals's Pretax Margin % falls into.



Vortex Metals Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Vortex Metals's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-1.414/0
= %

Vortex Metals's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-0.177/0
= %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vortex Metals  (OTCPK:VMSSF) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Vortex Metals Pretax Margin % Related Terms

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Vortex Metals (Vortex Metals) Business Description

Traded in Other Exchanges
Address
120 Adelaide Street West, Suite 2500, Toronto, ON, CAN, M5H 1T1
Website
Vortex Metals Inc is engaged in the acquisition and exploration business. The company has an interest in two drill-ready high potential copper-gold volcanogenic massive sulfide (VMS) properties (Riqueza Marina and Zaachila) in the state of Oaxaca, and a third high-potential gold property (El Rescate) in the state of Puebla. The company has interest in Mexico Properties project.